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Tag: Soveriegn Debt Crisis

Sovereign Defaults Unfolding

In the Gulf, states are facing bankruptcy. Oman can hardly even pay his electricity bill. The IMF has been now lobbying to defer emerging-market debt for one year....

London Anti-Austerity Protest Draws 100,000+

This is socialism collapsing. Hundreds of thousands of people have joined together to protest anti-austerity. So many people attended that the police refuse to...